Nonprofit · EIN 59-6216592
SOUTH FLORIDA PROGRESS FOUNDATION INC
Tax-exempt · MIAMI, FL 33131
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $287,131 | $276,206 | $10,925 | $166,666 | $2,500 | $164,166 |
| June 30, 2024 | 990 | $208,547 | $213,096 | -$4,549 | $157,537 | $4,296 | $153,241 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $276,255
- Program service revenue
- $0
- Investment income
- $18
- Other revenue
- $10,858
Expenses
- Grants and similar amounts paid
- $8,985
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $29,165
- Program services (functional)
- $229,417
- Management and general (functional)
- $46,789
Balance sheet and other
- Total assets, start of year
- $157,537
- Total assets, end of year
- $166,666
- Total liabilities, end of year
- $2,500
- Net assets, end of year
- $164,166
- Net assets without donor restrictions
- $20,827
- Net assets with donor restrictions
- $143,339
- Gross receipts
- $287,131
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1968
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALFRED SANCHEZ | PRESIDENT Trustee or director, Officer | 5 | $0 | $359,270 | $42,614 |
| ALBERT LOPEZ | TREASURER Trustee or director, Officer | 5 | $0 | $0 | $0 |
| ASHAKI BRONSON-MARCELLUS | SECRETARY Trustee or director, Officer | 5 | $0 | $0 | $0 |
| WILLIAM C DIAZ-ROUSSELOT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FELIPE BASULTO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DENNIS CORAL | VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 | $0 |
| LUCY NUNEZ | BOARD CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 | $0 |
| VERA NIEUWLAND | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALFRED SANCHEZ | PRESIDENT Trustee or director, Officer | 5 | $0 | $336,375 | $40,950 |
| ALBERT LOPEZ | TREASURER Trustee or director, Officer | 5 | $0 | $0 | $0 |
| ASHAKI BRONSON-MARCELLUS | SECRETARY Trustee or director, Officer | 5 | $0 | $0 | $0 |
| WILLIAM C DIAZ-ROUSSELOT | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FELIPE BASULTO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DENNIS CORAL | MEMBER Trustee or director, Officer | 5 | $0 | $0 | $0 |
| LUCY NUNEZ | VICE CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 SE 3RD AVE STE 1410, MIAMI, FL 33131-1726
- In care of
- % KARAN RUKRIGL
- Principal officer (990 for 2024)
- ALFRED SANCHEZ, 1 SE 3RD AVE SUITE 1410, MIAMI, FL 33131
- Signed the 990
- ALFRED SANCHEZ, PRESIDENT
- Phone
- (305) 350-7700
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE FOUNDATION WORKS TO LEVERAGE ITS RELATIONSHIP WITH SOUTH FLORIDA PROFESSIONALS AND CIVIC LEADERS TO IDENTIFY TOP ISSUES, PRIORITIZE THEM THROUGH CONSENSUS, AND THEN DEVELOP AND IMPLEMENT SOLUTIONSTHROUGH PROGRAMMATIC ACTIVITY, ALL FUNDED BY MEMBER DONATIONS, ENDOWMENTS AND GRANTS. THROUGH STRATEGIC PARTNERSHIPS WITH LOCAL ORGANIZATIONS COMMITTED TO THE BETTERMENT OF SOUTH FLORIDA, THE EFFECTIVENESS OF AND NEED FOR THE FOUNDATION'S VARIOUS INITIATIVES ARE REVIEWED AND PRIORITIZED ANNUALLY. THESE INITIATIVES INCLUDE:1. SOUTH FLORIDA QUALITY OF LIFE ISSUES:O EDUCATIONO TRANSPORTATIONO EXPANSION AND ENHANCEMENT OF CULTURAL OFFERINGSO ENVIRONMENTAL ISSUESO HURRICANE PREPAREDNESS AND RECOVERY2. DIVERSITY ISSUES3. COLLEGE SCHOLARSHIPS FOR STUDENTS INTERESTED IN PURSING CAREERS INBUSINESS, LAW OR GOVERNMENT
Program accomplishments
- LEADERSHIP MIAMI GENERAL FUND - FUND FOR ALL PROGRAMMING ASSOCIATED WITH LEADERSHIP MIAMI PROGRAMMING. TEAMS ARE FORMED FROM THE PARTICIPANTS WHERE EACH TEAM SELECTS A PROJECT THATBENEFITS THE COMMUNITY.Expenses $8,985 · grants $8,985
- UNRESTRICTED FUND - SUPPORTS HIGH QUALITY EDUCATION FOR ALL. THIS INCLUDES DEVELOPMENT OF TALENT AND RETENTION OF TALENT IN SOUTH FLORIDA. THE COMMITTEE SEEKS TO BUILD RELATIONSHIPS WITH PROFESSIONALS AND BUSINESSES IN ORDER TO ADVOCATE, AND SEEK FUNDING FOR EDUCATION CAUSES, AS WELL AS SEEKING TO IMPLEMENT THESE CAUSES TO BENEFIT THE ECONOMIC DEVELOPMENT OF OUR EVER-EVOLVING COMMUNITY.Expenses $220,432
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-6216592
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1968
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $166,666
- Income (IRS master file)
- $287,131
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $290,020 | $264,742 | $221,603 | IRS |
| 990 | June 2022 | $219,622 | $202,811 | $186,609 | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about SOUTH FLORIDA PROGRESS FOUNDATION INC
- What is the EIN of SOUTH FLORIDA PROGRESS FOUNDATION INC?
- The employer identification number (EIN) of SOUTH FLORIDA PROGRESS FOUNDATION INC is 59-6216592.
- Is SOUTH FLORIDA PROGRESS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to SOUTH FLORIDA PROGRESS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTH FLORIDA PROGRESS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUTH FLORIDA PROGRESS FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTH FLORIDA PROGRESS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOUTH FLORIDA PROGRESS FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names ALFRED SANCHEZ.
- Who are the officers and directors of SOUTH FLORIDA PROGRESS FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does SOUTH FLORIDA PROGRESS FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $287,131, expenses of $276,206 and total assets of $166,666 at year end.
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